Replies to post #14230 on Northern Dynasty Minerals Ltd (NAK)

[slazenger7]

Doesn't matter to dumb money. They are fully invested in total disaster. Dumb money hasn't learned anything from the crash of NAK from $3.50 to .50. Dumb money ignores the voices that have been 100% correct in their warnings, and instead attacks them, not the company that got them into this financial disaster. Dumb money will hang on tooth and nail until NAK is sub penny.

Then dumb money will scratch their heads and wonder why they lost their entire investment. Theissen must be laughing at how he has hooked dumb money into always believing the company line, and knows they will believe anything he says. As usual, I am shaking my head in disbelief!

[stargazer123]

".10 sense this weak?"

Well you are right in that the stock has been weak the last several days, and the chart has rolled over and is edging down.

But there are signs pointing the other way, signs of strength.

Once again there was a large T-trade in after hour's trading. This time 59,800 shares, that were transacted at a price 2% above NAK's close.

Then, in the last 30 minutes of after hour's trading the stock had multiple trades at the high of the after hours session, and closed at that high.

Northern Dynasty Minerals, Ltd. (NAK) After Hour' Trading Close:

NAK $0.5476 + $0.0359 +7.02% !!!

True, it does not mean that it will trade higher in tomorrows' regular day trading. But it does indicate underlying strength, especially closing up 7.02% It has never before had such a large percentage up move.

In the last week, the stock has hit $0.59 twice, as well as $.60. It also has had two large T-trades in after hour's trading, something that is normally very rare, and both these trades were up moves.

After the trades of $0.59, and $0.60, all of which were on high volume, plus the high volume T-trade, the stock proceeded to spend the rest of those days, moving down on normal volume.

These isolated high volume up moves, of $32,000 to $900,000, involve significant money.

People, or groups, would not commit such large sums, especially at prices above the market, unless they knew something and were sure that the stock was going to eventually trade at higher prices.

I think that it was Scotttrader80 that said that because there are 312 million shares of NAK, that the percentage of shares traded at these higher prices is insignificant, and therefore it means nothing.

$900,000 is not nothing. That is a huge commitment, and to me, it is significant and means something. That something is happening behind the scenes.

If the stock keeps edging downward, to $0.40 and then $0.10, then I could be wrong. We'll see.

If there are joint venture talks going on, it should not be too much longer until an announcement is made. So it might not be that much longer before we know something.

As Scottrader80 previously pointed out, after all our previous joint venture announcements, the stock tanked.

They were for much less than people had been expecting, and so the stock fell, but afterwards it climbed because it did supply NAK with money to proceed towards doing the permitting and then building the mine.

With the previous joint venture deals, NAK was at a disadvantage and had to take what they could, and so they ended up with joint ventures that weren't that impressive.

This time around, it looks like we are in the drivers seat, because ALL the major mining companies are desperately looking for a safe jurisdiction that contains a giant ore deposit. That is NAK in spades, especially since we have now been allowed to start the permitting process. So if we are in talks with a company(s) for a joint venture, the terms could be very lucrative for us, and our stock price could jump up, way up.

Or, as they say:

Up, Up, and away !!!